Sonoco (SON) Tops Q1 EPS by 1c
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Sonoco Reports First Quarter 2017 Results
April 20, 2017 6:55 AM EDTHARTSVILLE, S.C., April 20, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest diversified global packaging companies, today reported financial results for its first quarter, ending April 2, 2017.
First Quarter Highlights
First quarter 2017 GAAP earnings per diluted share were $0.53, compared with $0.59 in 2016.First quarter 2017 GAAP results included $0.06 per diluted share, after tax, in restructuring costs and acquisition-related expenses. In the first quarter of 2016, GAAP results included $0.06 per diluted share, after tax, in asset impairment and restructuring expenses.Base net income attributable to Sonoco (base earnings) for first... More